Sri Lanka’s State owned enterprises (SOES) will be re-structured in multiple ways and work on the sale of Sri Lanka Telecom has started, State Minister of Finance Ranjith Siyambalapitiya announced.
Despite tightening of monetary policy and curtailing money printing, the Central Bank is to raise Rs 98 billion in the New Year through an auction on January 04 2023.
Sri Lanka government is to ease the oppressive taxes imposed on the people after the economic situation is improved as the tax hikes were aimed at supporting 90 per cent of the people who need the state assistance, a senior minister said.